Auto Industry

Society of Indian Automobile Manufacturers (SIAM), the apex automobile industry body, organised its 62nd Annual Convention at New Delhi. Prime Minister of India Narendra Modi in his message highlighted the significa...

The Indian automotive components industry has registered a turnover of Rs. 4.20 lakh crore (USD 56.5 billion) for the period April 2021 to March 2022, registering a growth of 23 per cent over the previous year.

Tata Passenger Electric Mobility Limited (TPEML), a subsidiary of Tata Motors Ltd, and Ford India Private Limited (FIPL), have signed a Unit Transfer Agreement (UTA) for the acquisition of FIPL’s manufacturing plant...

Vitesco Technologies India Pvt Ltd, part of the Euros 8.3 billion Vitesco Technologies Group based in Regensburg, Germany and a leading international manufacturer of modern drive technologies and electrification sol...

British International Investment (BII), the UK’s Development Finance Institution and impact investor and Mahindra & Mahindra (M&M) have executed a binding agreement to invest up to Rs. 1,925 crore each into a wholly...

Mecwin India, one of the fastest-growing EV startups in the country is going to invest Rs. 50 crore for setting up one of the largest manufacturing plants for EV motors and controllers in Karnataka.

Behr-Hella Thermocontrol GmbH (BHTC), a global technology leader in the field of Automotive Displays / HMI Solutions and climate control and thermal management, has announced the launch of its state of the art, full...

Ellysium Automotives, the auto arm of United Arab Emirates based group company META4 Group, has announced the launch of its EV two-wheeler brand in India – EVeium.

iCreate (International Centre for Entrepreneurship and Technology) India's leading innovation-based start-up incubator announced the launch of EVangelise’22 - India’s largest EV innovation challenge, in partnership ...

The electric vehicle division of KLB Komaki, known for producing powerful and sporty electric two-wheelers is now ready to charge up India’s EV infrastructure with high-end peer-to-peer charging points across the le...

Okinawa Autotech, India’s No-1 selling electric two-wheeler brand has announced the setting up of a mega factory in Karoli, Rajasthan. It will be one of the most comprehensive units and the first such attempt made ...

Mitsubishi Electric Corporation has announced that it will invest approximately Rs 220 crore or 3.1 billion yen, in its subsidiary Mitsubishi Electric India Pvt. Ltd. to establish a new factory in India.

In its endeavour to revolutionise the promising EV retrofitting segment, Bengaluru-based Mecwin India, the fastest-growing electric vehicle motor manufacturing company, is foraying into the little-explored electric ...

Pre-owned car retailing platform Spinny has acquired a 100% stake in AI-powered connected car startup Scouto. The deal will mark one of the first consolidations in the AI-powered used car solutions segment where Spi...

Hero MotoCorp has announced a new investment of up to Rs. 420 crore in Ather Energy.

Okinawa Autotech electric two-wheeler manufacturer has surpassed 100,000 domestic sales of its high-speed and low-speed models. The sales momentum this year has primarily been driven by the hugely popular and locall...

Honda Motorcycle and Scooter India Pvt. Ltd. commenced the manufacturing of global engines from its 4th factory at Vithalapur (Ahmedabad district), Gujarat. Powering its 250cc (& above) category two-wheelers, the de...

Simple Energy, India’s longest range electric scooter, also among the top three EV start ups has signed a Memorandum of Understanding (MoU) with the Tamil Nadu Government for an investment up to Rs 2500 crore for co...

Ather Energy, India’s leading EV scooter brand, commissioned its second manufacturing facility in Hosur to cater to the growing demand of its electric scooters - the 450X and 450 Plus. The company plans to manufactu...

Igus, the global leader in motion plastics, has announced an aggressive growth plan and strategy in the backdrop of 20 successful years of operations in India. As the 9th largest market globally and the 3rd largest ...

Greaves Electric Mobility, the e-mobility arm of Greaves Cotton Limited and one of the market leaders in the E-2W and E-3W segments, inaugurated its largest EV production facility in Ranipet, Tamil Nadu. The 35-acre...

Maruti Suzuki India Ltd (MSIL), the largest car makers in the country is now all set to become the largest car breakers of the country. The company has set up a vehicle scrapping and recycling unit at Noida in the s...

Mercedes-Benz India rolled-out the all-new S-Class from the assembly lines of its state-of-art production facility in Chakan, Pune. The S 350 d model is priced at Rs. 1.57crore and the S 450 4Matic at Rs. 1.62 cror...

Dr Yogesh Bhatia, CEO & Managing Director of SG Corporate Mobility Pvt.Ltd is someone who has been fulfilling the dreams and aspirations of the masses. From being a seller of SIM cards, branded mobile phones and ele...

Honda Motorcycle & Scooter India announced the accomplishment of 5 crore (50 million) cumulative two-wheeler domestic sales in the country since start of its sales operations in 2001.

Automotive Skills Development Council (ASDC), the first Sector Skill Council of India, has announced the appointment of their new president Vinod Aggarwal during the ASDC Annual Conclave 2021.

The Federation of Automobile Dealers Associations (FADA), the apex body representing the Indian auto retail industry has among its several demands to the government sought clarity on the Non-Disclosure Agreement (ND...

The Government has approved a Production Linked Incentive (PLI) Scheme for the Indian auto industry and also the drone industry to enhance India’s manufacturing capabilities

C4V, the U.S based technology provider, announced that it has secured a contract from India based electric vehicle manufacturer Omega Seiki Mobility to supply next generation high performance Lithium-Ion Batteries f...

LML Ltd, the erstwhile Kanpur (UP) based two wheeler manufacturer owned by the Singhania family is now the property of Yogesh Bhatia controlled SG Corporate Mobility Pvt.Ltd. SG Corporate owns Detel, the flagship b...

From silk saris to a silky smooth track for testing vehicles. The age-old city of Kanchipuram, in Tamil Nadu, is known for its magnificent temples and the exquisite silk wear that includes the traditional saris. Now...

Bajaj Auto’s clout in the global motorcycle market, both in the conventional IC engine space as well as the electric two wheeler space, will increase considerably once the proposed simplified equity structure in the...

Auto component manufacturers Anand Group of India and South Korea based Mando Corporation have announced the setting up of a new joint venture company called Anand Mando eMobility Private Limited for manufacturing a...

In an exclusive interview, Uday Narang, Chairman, Anglian Omega Group & Omega Seiki Mobility talks about his company plans to enter the two and four wheeler electric vehicle space.

Sterling Gtake E-mobility Ltd (SGEM), NCR-based motor control units (MCUs) manufacturer for electric vehicles has announced that it has secured an order worth Rs 60 crore for MCUs from a leading 2W EV OEM.

Ola Electric and Bank of Baroda have signed the largest long-term debt financing agreement in Indian EV industry. This 10-year debt of US$100 million is towards the funding and financial closure of the Phase 1 of th...

Hero Electric Vehicles has announced the first part of their Series B funding of Rs.220 crore. Gulf Islamic Investments (GII) led the round along with participation from OAKS.

Nissan has unveiled Nissan EV36Zero, a one billion pound (Rs 10,000 crore approx.) flagship Electric Vehicle (EV) Hub creating a world-first EV manufacturing ecosystem.

ZF Friedrichshafen AG (ZF) has divested its entire equity stake in Brakes India, a leading supplier of braking systems in the Indian market and a global supplier of ferrous castings. The acquisition of ZF’s equity s...

The electric vehicle industry has welcomed the Indian Government's move to increase subsidy to electric bikes and scooters by 50%, subject to those that meet the Faster Adoption and Manufacturing of Hybrid and Elect...

Can you recall any Indian automobile manufacturer that has a railway station named after it? Yes, the iconic Hindustan Motors Ltd. (HML) has one named after it and it goes by the name of “Hind Motor” railway station...

Siddharth Shriram, an eminent industrialist based in Delhi and hailing from a prestigious business family died on May 17, 2021 at the age of 76 due to covid related complications. He was admitted to Medanta Hospital...

Nitin Gadkari, Minister of Road Transport & Highways, Micro, Small & Medium Enterprises, Government of India recently requested Rajeev Chaba, President and Managing Director, MG Motor India and Paytm Founder & CEO V...

Okinawa Autotech, a leading electric vehicle (EV) manufacturer has announced a range of milestones achieved over the last financial year, as well as the roadmap for the ongoing financial year. The company clocked a...

Plant shutdowns, donations and service extensions are being increasingly witnessed in the Indian auto industry.

The Indian auto industry is going all out to help the country in production of oxygen, even as it is grappling with woes at its own end. India Yamaha Motor (IYM) is among the companies that have decided to suspend m...

As part of its growth strategy in the shared mobility space, Mahindra and Mahindra Ltd. (M&M) announced that it has entered into definitive agreements with shareholders of Meru Travel Solutions Private Limited (Meru...

A couple of days after Jagdish Khattar died on April 26, 2021, India’s leading car manufacturer Maruti Suzuki released half page obituaries in the country’s leading newspapers.

Omega Seiki Pvt. Ltd., part of Anglian Omega Group of companies, announced that it will be bringing advanced chemistry cells to India in association with New York based companyC4V.C4V plans to become the first lithi...

While providing strong incentives to owners of old vehicles to scrap old and unfit vehicles through registered scrapping centres, the central government in its much awaited Vehicle Scrapping Policy has proposed that...

Two years after its first acquisition in e-mobility, Ampere Electric, the wholly owned electric mobility subsidiary of Greaves Cotton Ltd, announced phased investment potential of Rs 700 crore over 10 years to set u...

Electric vehicles (EV) deployed in Delhi have completed 20 million kilometres on the road. This has resulted in a reduction of 500 kilograms of particulate matter emissions, contributing significantly to cleaner air...

The Union Budget 2021-22 presented by Nirmala Sitharaman may not have given a single sop to the electric vehicle industry but those in this electric vehicle space are upbeat over the indirect measures in the Union B...

The Union Budget 2021-22 presented by Nirmala Sitharaman, Union Minister of Finance may have got a standing ovation from the punters of the Indian stock market, but for the Indian auto industry, the direct benefits ...

Leading motorcycle and scooter manufacturer Hero MotoCorp has surpassed the significant milestone of 100 Million (10 crores) units in cumulative production. The 100 millionth bike, the Xtreme 160R, was rolled-out of...

The Federation of Automobile Dealers Associations (FADA) released the monthly vehicle registration data for the month of December 2020. The December registrations for the first time in FY20-21 witnessed positive gro...

Fiat Chrysler Automobiles or FCA as it is known has announced an expansion to the local product lineup in India, confirming that an investment of over $250 million (Rs 1828 crore approximately) has been committed to...

Harley Owners Group (HOG) conducted nation-wide dark rides and rallies to support the cause of several Harley Davidson dealers who they feel have been hit hard because of the US company’s decision to close shop here...

Following the successful nationwide unveiling of its high-performance motorcycle - the F77, Ultraviolette Automotive Pvt. Ltd., an innovator in sustainable mobility, announced that it had received an additional inve...

The turnover of the Indian automotive component industry has registered a de-growth of (-) 11.7 per cent compared to the previous year at Rs. 3.49 lakh crore (USD 49.2 billion) for the period April 2019 to March 202...

Studds Accessories Ltd., the world’s largest manufacturer of two-wheeler helmets (in terms of volumes sold in a year), has commenced operations at its new, state-of-the-art manufacturing facility at Faridabad in Har...

As was expected, the Indian automobile manufacturers recorded zero sales in the domestic market, while a few managed to record a handful of exports during the lockdown period of April 2020 as a result of the ongoing...

If one were to calculate by what SIAM has to say wherein each day of plant closure will trigger a loss of more than Rs 2300 crore in turnover for auto OEMS and component manufacturers, then what we are looking at i...

In spite of the fact that the Indian auto industry will be incurring a loss of approximately Rs 50,000 crore in turnover for the 21-day plant shutdown as a result of the countrywide lockdown due to the ongoing coron...

MG Motor India announced that it has recorded a total retail sale of 1518 units in March 2020. This includes 116 units of ZS EV, the country’s first pure electric internet SUV, and 1402 units of the Hector.

The auto industry will be very adversely impacted by the ongoing COVID-19 crisis. The shutting down of plants temporarily by all auto OEMs and component manufacturers across the country will trigger a loss of more t...

The Board of Directors of Apollo Tyres Ltd has approved an issuance of compulsorily convertible preference shares in the company worth Rs 1080 crore million (approximately US$150 million) to an affiliate of Warburg ...

Shriram Automall India Limited (SAMIL) which is backed by Shriram Group & CarTrade, has acquired BlueJack, an online car selling portal in a bid to accelerate its offline auction market position with online used ca...

National Engineering Industries Ltd (NEI), part of the CK Birla Group, launched ‘needle bearing’ as a part of its comprehensive range of bearings at Auto Expo Components 2020 in New Delhi.

National Engineering Industries Ltd (NEI), part of the USD 2.4 billion diversified CK Birla Group, announced the acquisition of Kinex Bearings through its wholly owned European subsidiary. Kinex Bearings is an inter...

The Central Bureau of Investigation (CBI) has booked former Maruti Udyog (now Maruti Suzuki) Managing Director and founder of Carnation Auto (the company was recently sold to Mahindra First Choice Services) Jagdish ...

More than 200 automobile as well as auto components companies will display their products, while there would be live test demonstrations, training sessions, panel discussion and test track demonstrations of vehicles...

Barely five months after rejecting French auto major Groupe Renault as its bed partner, Fiat Chrysler Automobiles (FCA) has hopped back into the bed with another French automobile major – Groupe Peugeot S.A. Accordi...

Ford India will be transferring its Indian operations, including its personnel and assembly plants in Chennai in Tamil Nadu and Sanand in Gujarat, as well as the Global Business Services unit, Ford Credit and Ford S...

The Competition Commission of India (CCI) has in its latest order imposed a penalty of Rs 17.07 crore (Rs 17,07,31,443/-) on Japan based JTEKT/ JSAI , manufacturers of power steering for automobile manufacturers In ...

KSL Cleantech Limited (formerly known as Kirti Solar Limted) has entered into a Joint Venture (JV) with the China’s Huaihai Holding Group, one of the largest companies in the field of electric mini vehicles.

Building on the success of its solar business, Kolkata-based KSL Cleantech Ltd. (formerly known as Kirti Solar Limited), one of the largest and most experienced solar photovoltaic companies in India, is gearing up t...

Mahindra & Mahindra’s Farm Equipment Sector (FES), a part of the Mahindra Group announced an investment of CHF 4.3 million (US$4.3 million- Rs 30.04 crore approx.) for an 11.25% stake in Switzerland based agri techn...

The Indian auto industry is not too happy with the aggressive road map being laid out by the government in bringing electric vehicles into the country. Both the Society of Indian Automobile Manufacturers (SIAM) and ...

The good news is that Mahindra & Mahindra is ready with its BS VI engines across its entire diesel and gasoline portfolio. The entire transition will be costing the company upwards of Rs 1000 crore. With its portf...

Anand Group, a leading manufacturer of automotive components in India, further consolidated its presence in the Indian automotive safety systems vertical. It announced the formation of a Tri-Party Joint Venture to m...

Flash Electronics India Ltd, a leading electronic and electric auto components player has filed a law suit against Royal Enfield challenging patent infringement in the US regarding production of an important compone...

MG (Morris Garages) Motor India, part of the mammoth China based SAIC Group, rolled out the first production version of Hector from its state-of-the-art facility at Halol in Gujarat. Hector, MG’s first car in India,...

The Volkswagen Group has announced its intent to merge its three Indian subsidiaries: Volkswagen India Private Ltd (VWIPL), Volkswagen Group Sales India Private Ltd (NSC) and Skoda Auto India Private Ltd (SAIPL). Th...

Even though reports suggest that Groupe PSA would be using the iconic ‘Ambassador’ name for its electric vehicles in India in the future, there was no official confirmation on it during the unveiling of the Citroen ...

Hyundai Motor Group and Ola, one of the world’s largest ride-hailing platforms, announced a strategic partnership under which Hyundai Motor Company (Hyundai) and Kia Motors Corporation (Kia) will make their biggest ...

After the successful introduction of ABS and motorcycle stability control (MSC) technologies, Bosch has introduced its first advanced rider assistance systems for motorcycles, comprising adaptive cruise control, for...

The Union cabinet chaired by Prime Minister Narendra Modi approved the proposal for implementation of scheme titled 'Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME India Phase II)' fo...

MG (Morris Garages) Motor India inaugurated its new corporate headquarters in Gurugram. The commercial space for the new India headquarters, acquired by the company at a cost of Rs 150 crore, will also house the com...

AptEner Mechatronics, a two-year-old Bangalore-based startup and creators of the ‘BluArmor’ range of smart multi-functional motorcycle gear that aims to provide 4-wheeler like comfort and safety to 2-wheeler riders,...

Building on its ‘Hamara Bajaj’ roots, two-wheeler manufacturer Bajaj Auto Ltd released its new brand identity as “The World’s Favourite Indian” to announce its transition from a domestic scooter maker to a global mo...

Skoda and Volkswagen Group India have inaugurated a new Technology Centre in Pune, India. The opening ceremony was attended by Czech Prime Minister Andrej Babis and other government officials. On behalf of the Volks...

As ACMA Automechanika New Delhi edges closer to its opening, the country’s leading trade fair for the automotive aftermarket is fast moving towards being completely sold-out. The trade fair is scheduled to take plac...

Advik Hi-Tech, a leading global automotive component manufacturer signaled the expansion of its global production network with the groundbreaking ceremony for its 9th plant and its 3rd in Pune. With this addition, t...

Mahindra First Choice Services (MFC Services) has entered into an asset acquisition agreement with the official liquidator of Carnation Auto (India) Pvt. Ltd. (CAPL). As a result, MFC Services will acquire key asset...

Developing India’s CNG infrastructure could help achieve 50pc natural gas vehicles penetration by 2030 leading to crude oil import savings of Rs 11 lakh crore.

The Bombay High Court in a land mark ruling has relieved the restriction of MSHSD control order, 2005, for sale of biodiesel as a transportation fuel into internal combustion engines.

We are the first ones to build an automotive design studio outside the OEMs. We launched the studio in 2010. It has been a one-of-a-kind studio in India which has a clay modeling facility, and has a facility to make...

Log 9 Materials, an IIT Roorkee spin-off working in nanotechnology domain is working on a metal-air battery concept to revolutionise the energy sector. The company is making a commercially viable product on this und...

Honda Motorcycle and Scooter India Pvt. Ltd. has announced that Honda Activa has now become the highest selling brand by achieving a milestone of 2 Core plus unit sales in the country. The iconic scooter was first ...